http://www.topcreditresources.com/credit-resources/how-can-an-exporter-obtain-a-letter-of-credit-2 Tools and information about Credit, Loans, and Debt Sat, 21 Jan 2012 13:12:59 +0000 hourly 1 http://wordpress.org/?v=3.3.1 http://www.topcreditresources.com/credit-resources/how-can-an-exporter-obtain-a-letter-of-credit-2/comment-page-1#comment-1338 morlock825 Sat, 07 Nov 2009 14:53:59 +0000 http://www.topcreditresources.com/credit-resources/how-can-an-exporter-obtain-a-letter-of-credit-2#comment-1338 Carter is correct, and I would add that your bank is likely to loan you money against that forthcoming payment from the importer's bank, based on the letter of credit. (factoring)<br><b>References : </b><br> Carter is correct, and I would add that your bank is likely to loan you money against that forthcoming payment from the importer’s bank, based on the letter of credit. (factoring)
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]]> http://www.topcreditresources.com/credit-resources/how-can-an-exporter-obtain-a-letter-of-credit-2/comment-page-1#comment-1337 Carter Sat, 07 Nov 2009 14:34:59 +0000 http://www.topcreditresources.com/credit-resources/how-can-an-exporter-obtain-a-letter-of-credit-2#comment-1337 A letter of credit is a specific shipping term used to indicate that funds have been established for payment of the shipping services in a bank account from which the shipper will be paid once the shipping is complete. Letters of credit are typically provided by banks (not jewelry stores or cigarette companies).<br><b>References : </b><br> A letter of credit is a specific shipping term used to indicate that funds have been established for payment of the shipping services in a bank account from which the shipper will be paid once the shipping is complete. Letters of credit are typically provided by banks (not jewelry stores or cigarette companies).
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